Metaplanet issues bonds again, share price hits new high, market value is 8 times higher than Bitcoin

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The Japanese version of Metaplanet announced that it has issued zero-interest corporate bonds totaling $210 million and will invest all raised funds into Bitcoin purchases. Despite Bitcoin recently falling to 105K, Metaplanet's stock price continues to hit historical highs, closing at 1,770 yen, up 17.3% in a single day, with an annual increase of 17.5 times. The NAV premium, which assesses the relationship between its stock price and Bitcoin value, is currently at 8.427 times.

(Bitcoin Enterprise Investment New Opportunity! Comprehensive Analysis of Japan's Metaplanet Investment)

Metaplanet Continues to Issue Zero-Interest Bonds to Buy Bitcoin

According to Metaplanet's announcement, each bond has a face value of $5 million, totaling $210 million. Despite being bonds, they do not pay any interest and have no collateral or guarantor. This debt will be redeemed on December 12, 2025, or can be prematurely redeemed at the request of the investor EVO FUND.

This is Metaplanet's "18th Ordinary Corporate Bond" issue, with the bond offering limited to a single institution called EVO FUND.

(Metaplanet Issues $21 Million Zero-Interest Bonds Only to Buy Bitcoin! What's Hidden Behind This Financial Trick?)

Metaplanet Stock Price Now 8 Times Higher Than Bitcoin Value

Since launching its Bitcoin investment strategy in April 2024, Metaplanet has used various financial instruments to support this goal, planning to accumulate 10,000 Bitcoins by the end of this year and 21,000 Bitcoins by 2026.

Metaplanet has developed a clear financial plan, including future stock subscription rights, totaling 21 million shares across 5 batches. Benefiting from Japan's tax system and advantages for retail and institutional investors, the NAV premium has long remained high. From the chart, it can be seen that the NAV premium once reached 21 times, with a minimum of nearly 2 times. Currently, the value is 8.427 times.

Metaplanet Stock Price Continues to Hit New Highs, Up 17.5 Times in a Year

Despite Bitcoin recently falling to 105K, Metaplanet's stock price continues to hit historical highs, closing at 1,770 yen, up 17.3% in a single day, with an annual increase of 17.5 times.

Risk Warning

Cryptocurrency investment carries high risk, and prices may fluctuate dramatically. You may lose all your principal. Please carefully assess the risks.

The US Government Ethics Office released President Trump's financial documents on Friday, revealing that the cryptocurrency company World Liberty Financial, founded by Trump and his son last year, earned $57.7 million from token sales. Trump's current net worth is approximately $4.8 billion, with real estate and resorts remaining his largest income sources.

WLFI Token Sales Profit Exceeds $50 Million

The Trump family's cryptocurrency company, World Liberty Financial, went online in September last year. In the months leading up to the US election, Trump gradually linked himself to the cryptocurrency industry, including promising to relax cryptocurrency regulations.

According to the company's website, Trump and his three sons Donald Trump Jr., Eric Trump, and Barron Trump are all founders of the company. They earned approximately $57.7 million from token sales and hold 1.575 billion WLFI governance tokens.

(Justin Sun Boldly Invests $30 Million to Buy Trump's WLFI Tokens, Becoming World Liberty Financial's Largest Investor)

Real Estate and Resorts Remain the Largest Income Sources

Trump, who started with real estate, still derives his largest income from resorts. Trump Endeavor 12 LLC, headquartered in Miami and owning golf courses and resorts, generated $110 million in income last year, while Mar-a-Lago also created over $50 million in resort-related income.

Trump's Net Worth Estimated at $4.8 Billion

According to the Bloomberg Billionaires Index, Trump's net worth is estimated at $4.8 billion. He owns 22 assets valued at over $50 million, including Mar-a-Lago, the golf resort in Turnberry, Scotland, and his stakes in World Liberty Financial and Trump Media & Technology Group Corp.

(Trump Media Raised $2.4 Billion in Funding, with $12 Billion Remaining for Patriot Economic Expansion)

Trump Family Still Has Multiple Crypto Income Streams

Fight Fight Fight LLC, led by Trump's long-term business partner Bill Zanker, hosted a dinner in May for the top 220 $TRUMP Token holders, which Trump also attended. The event, announced in April, caused the token's price to surge by 56%, though this transaction was not reflected in the documents.

(Trump's "TRUMP Meme Token Dinner" Exposed: Top Token Holders Mostly Foreign, Raising Suspicions)

Another company, CIC Digital LLC, conducts business by licensing Trump's portrait and brand name, repeatedly launching Trump-related Non-Fungible Tokens, including Trump-branded shoes, watches, and commemorative coins. Its 2024 income was $1.1 million. It also owns a wallet containing at least $1 million worth of ETH.

CIC Digital LLC and Fight Fight Fight LLC jointly hold 80% of the $TRUMP meme token supply, with a current total market value of approximately $2 billion.

(WLF Sends Letter to Fight Fight Fight and Magic Eden Requesting Removal of TRUMP Wallet, WLFI Advisor Shorts Trump Token)

Risk Warning

Cryptocurrency investment carries high risk, with potentially significant price volatility. You may lose all your principal. Please carefully assess the risks.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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